Panama Food Costs
Continue to Rise
Panama's basic foods
increased 1.2 percent
between February and
March and 20.9 percent
compared to the same
month of 2007, the
Ministry of Economy and
Finance published on
Tuesday.
According to the report,
the average price of 50
basic food products
calculated for an
average diet per person
daily of 2,305 calories
- reached 246.79 dollars
per month. This is the
third rise in food
prices reported this
year.
All groups of food
products registered an
increase in prices this
year, and the highest
were fats, including
vegetable oil and
margarine for 46.9
percent, followed by
dairy products (cheese
and powered milk) up
38.7 percent.
Other products with
significant increase in
prices are potatoes,
21.6 percent and bread,
with 19 percent. |
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